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Sygnum, Debifi Unveil MultiSYG, a Bank-Backed Bitcoin Loan Platform With Shared Control

The design requires three of five signatures to move collateral, aiming to prevent rehypothecation.

Overview

  • Swiss digital asset bank Sygnum and lending startup Debifi announced MultiSYG on Oct. 24, 2025, with a public launch planned for the first half of 2026.
  • Collateral sits in a five-party wallet shared by Sygnum, the borrower and independent signers, with any movement requiring a 3-of-5 approval.
  • The non-custodial model is intended to keep funds verifiable on-chain and reduce single-point-of-failure risks highlighted by failures like BlockFi and Celsius.
  • MultiSYG targets institutional and high-net-worth borrowers seeking bank-grade terms without surrendering full control of their bitcoin.
  • The companies say the service will be available to Sygnum clients at debut.